Should I sell Accenture stock?
Out of 16 analysts, 9 (56.25%) are recommending ACN as a Strong Buy, 3 (18.75%) are recommending ACN as a Buy, 4 (25%) are recommending ACN as a Hold, 0 (0%) are recommending ACN as a Sell, and 0 (0%) are recommending ACN as a Strong Sell. What is ACN's earnings growth forecast for 2022-2024?
Why is Accenture stock going up?
Accenture Stock Is Surging Because the Company Is Feeling Even Better About 2022. Shares of Accenture ACN +2.21% were rising sharply Thursday after the management consulting giant raised its revenue and earnings outlook for fiscal 2022.
Is Accenture a good long term stock?
For the past two decades, Accenture has compounded free cashflow per share at 12% per year on a fully unlevered basis. It has been able to sustain these high rates of compounding due to rising IT spend, rising IT outsourcing, and consistent market share gains.
Is ACN a good investment?
Latest Accenture Plc (ACN) Stock News Year-over-year quarterly sales growth most recently was 20.7%. Analysts expect adjusted earnings to reach $8.810 per share for the current fiscal year. Accenture Plc currently has a 1.2% dividend yield. The outlook for the IT Services and Consulting sub-industry is positive.
Will Accenture share price go up?
Stock Price Forecast The 22 analysts offering 12-month price forecasts for Accenture PLC have a median target of 387.00, with a high estimate of 480.00 and a low estimate of 310.00. The median estimate represents a +26.89% increase from the last price of 304.99.
Will ACN split?
This was a 3 for 2 split, meaning for each 2 shares of ACN owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split....ACN Split History TableDateRatio09/04/19903 for 2
What is Accenture known for?
Accenture is a global services and consulting company. Offering strategy, consulting, digital, technology and operations services, it is a Fortune 500 company with offices around the world. The company started life as the business and technology arm of accounting firm Arthur Andersen.
Is Accenture growing?
Shares of Accenture gained nearly 59% in 2021, more than double the return of the S&P 500 Index. The stock has often traded with a premium multiple, given the average price-earnings ratio of close to 25 over the last five years and 21 over the last decade.
Is Accenture a good company?
We are proud to be recognized as one of the best—again. For the eleventh straight year, Accenture is among FORTUNE Magazine's “100 Best Companies to Work For.” The annual ranking is one of the most respected and comprehensive measures of workplace culture and talent management best practices.
Should I buy ACN Zacks?
The Price to Earnings ratio or P/E is price divided by earnings....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy25.08%2Buy18.56%3Hold10.15%4Sell5.79%2 more rows